November 14, 2022
Hassana Investment Company - the investment arm of the General Organization for Social Insurance - signed a memorandum of understanding with the Saudi Black Rock Company aiming for promoting and developing BlackRock's infrastructure investment strategy in the Middle East.
The signing ceremony took place in the presence of His Excellency the Minister of Finance, Chairman of the Board of GOSI, Mr. Muhammad bin Abdullah Al-Jadaan, His Excellency the Chairman and CEO of "Black Rock" Company, Mr. Larry Fink, and a number of dignitaries and seniors.
The agreement was signed by "Hassana Investment Company", His Excellency the CEO of the company, Mr. Saad bin Abdul Mohsen Al-Fadhli, while "Black Rock Saudi Arabia" was represented by His Excellency the CEO of the company, Mr. Yazid Al-Mubarak.
It is noteworthy that “Hassana Investment Company” is the investment arm of the General Organization for Social Insurance, as "Hassana" manages one of the largest investment portfolios in various types of assets in the local and international markets, plus "Black Rock" is the largest asset management company in the world, and it is a multinational company leading in the field of environmental and investment governance in various investment assets.